Business & Finance
Business and Finance
Business and Finance
Thu, July 28, 2011 Unum partners with United Concordia for new dental offering
CHATTANOOGA, Tenn.--([ BUSINESS WIRE ])--This is news that makes us smile.
"Wea™re extremely excited to integrate dental insurance as a complement to our other employee benefits, including short term and long term disability, life and voluntary benefits."
Unum (NYSE: UNM) is pleased to announce that it will soon offer dental benefits, thanks to a partnership with United Concordia. The partnership unites two employee benefit market leaders a" both with a focus on product innovation and world-class customer service a" to provide group dental benefits aligned with Unuma™s other financial protection benefits.
aDental is one of the most popular employee benefits and is an essential piece of a comprehensive employee benefits plan,a said Unum President and CEO Kevin McCarthy. aWea™re extremely excited to integrate dental insurance as a complement to our other employee benefits, including short term and long term disability, life and voluntary benefits.a
Unum Dental will offer flexible plan designs that include access to United Concordiaa™s Advantage Plus network, one of the nationa™s largest dental provider networks with more than 73,000 unique dentists at over 149,000 access points.
aThis strategic partnership plays a pivotal role in giving us the distribution capacity needed to add significantly more lives,a said Daniel Lebish, chairman and chief executive officer for United Concordia. aThe growth that will come from this relationship will help United Concordia become even more price and cost competitive, further strengthening our position as a leader in the dental industry.a
Unum will launch the new dental offering in its Washington, D.C., market beginning in the fall of 2011. Additional markets will be added throughout 2012.
About Unum
Unum ([ www.unum.com ]) is one of the leading providers of employee benefits products and services in the United States and the United Kingdom. Through its subsidiaries, Unum Group paid approximately $6 billion in total benefits to customers in 2010.
About United Concordia
United Concordia is one of the nationa™s leading national dental carriers, licensed in all 50 states, D.C. and Puerto Rico. The company delivers high-quality, cost-effective dental programs to more than 8 million group and individual members at over 149,000 access points nationwide. For more information about United Concordia products, visit [ www.UnitedConcordia.com ].
